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please explain the following? Accounting Policies and accounting Standards? explain Key differences? Rules vs principles Inventory method Inventory write down reversals Fair value revaluation Impairment

please explain the following?

Accounting Policies and accounting Standards?

explain Key differences?

Rules vs principles

Inventory method

Inventory write down reversals

Fair value revaluation

Impairment losses

Intangible asset

valuation of assets

investment property

lease accounting

financial statement

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